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Bank capital plan ‘no game-changer’ says S&P

Ratings agency says no need for capital raising by Aussie banks.

Tim Hunter Thu, 27 Jun 2019

Ratings agency Standard & Poor’s says the big four Australian banks should not need to raise equity to meet proposed new capital requirements in New Zealand.

The Reserve Bank of New Zealand is consulting on proposals to raise the minimum tier one equity requirement for the Australian-owned

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Tim Hunter Thu, 27 Jun 2019
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Bank capital plan ‘no game-changer’ says S&P
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